Bringing in the most money are Senior Vice Presidents of Operations — their earnings average approximately $156K per year. VPs of Information Technology are a close second at about $130K along with VPs of Operations ($94K) and Banking Branch Managers ($67K). Financial compensation for Personal Bankers is rather low — on average only $43K — relative to the rest of the company.
Years of Experience
Five to nine years of work experience seem to result in median wages of around $85K annually. Between the one and five year mark, median pay is approximately $60K per year. The largest slice of the Citibank workforce (34 percent) has been working for 10-19 years and earns, on average, $96K annually.
When it comes to location, the highest average paycheck (around $101K per year) can be spotted in Dallas, Texas; New York, N.Y. (about $99K), Miami, Fla. ($89K), and Tampa, Fla. ($83K) are the next top-paying cities. Buffalo, N.Y. ranks low on the pay scale — at approximately $50K, it is one of the lowest-paid cities. Pay rates in the United States are highest in the state of New Jersey, where they average to $101K annually.
Certifications and Degrees
Being a Certified Information Systems Security Professional certainly has its perks — salaries approach $109K per year and far exceed the paychecks of those without certification. Becoming a Project Management Professional can certainly pay off here; those folks make around $103K on average. Employees who have an Executive Masters of Business Administration (Exec MBA) make the most here, hauling in about $199K annually.
In this role, the best-paying skill appears to be Regulatory Compliance; individuals who claim it among their capabilities enjoy a higher median salary of $97K per year. Project Management is considered a run-of-the-mill skill; a little less than a fifth of Citibank's people use it regularly. Many workers are also familiar with Microsoft Excel, Financial Analysis, and Data Analysis.
Benefits and Perks
Paid time off is hard to come by at Citibank; the company rewards only a quarter of employees with paid vacation time and only 19 percent with sick leave. Most respondents take advantage of the 401(k) plan that Citibank sponsors. A large number of workers have health insurance, and benefits for a fair number of respondents also include dental insurance. Citibank employees also enjoy perks such as life insurance, a casual working environment, flexible hours, and tuition reimbursement.